India's April auto sales rise 27% even as election uncertainty affects consumer sentiment: FADA
In April, India's auto retail sector surged 27%, attributed to stable fuel prices and new model launches despite dampened consumer sentiment during Lok Sabha elections. Two-wheelers rose 33%, while three-wheelers, passenger vehicles, commercial vehicles, and tractors grew 9%, 16%, 2%, and 1% respectively, driven by favorable market conditions, auto body FADA said.